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Online shopping was the leading real-world use case for crypto among Australians, followed by paying for services such as freelancing and video game purchases. More Australians reported using cryptocurrency to pay for goods and services in 2026 compared to the year before, but banking friction has continued to weigh on crypto users, according to a...
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The Senate Banking Committee has been looking to advance its crypto market structure bill since postponing a markup in January. US Senator Tim Scott says he is expecting a possible compromise this week on a stablecoin yield payments provision that has stalled a crypto market structure bill in the Senate. “I believe that this week...
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Spikes in large deposits to exchanges have been associated with increased selling pressure, according to analysts at CryptoQuant. Centralized crypto exchanges recorded a spike in Bitcoin hourly inflows on Monday as the crypto market rallied, with one analyst warning it could signal selling pressure.  Hourly Bitcoin flows into exchanges spiked to 6,100 BTC on March...
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CoinCarp data shows over 91% of TRUMP supply is concentrated in the top 10 wallets, and 97% is held by the top 100 wallets. The number of whale wallets holding more than one million of US President Donald Trump’s memecoin has surged to a five-month high after announcing a luncheon at his Florida home for...
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Mark Zuckerberg’s Meta is dropping VR support for its flagship metaverse world, which it launched in 2021 as part of the company’s big gamble on virtual worlds. Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only experience as it retreats from the aggressive metaverse push...
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The Washington D.C.-based non-profit cryptocurrency policy think tank argued that no action letters within the crypto industry lead to fragmentation and uneven treatment. Crypto lobby group Coin Center has urged the US Securities and Exchange Commission to stop addressing individual crypto cases reactively and instead start setting clear rules. “Individualized relief can provide short-term clarity,...
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SEC chair Paul Atkins says the regulator should review giving a range of exemptions to crypto companies to allow “bespoke pathways” to raise money. US Securities and Exchange Commission chair Paul Atkins says the agency should consider a “safe harbor proposal” to give crypto companies and some tokens a regulatory carveout. Atkins said in remarks...
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Bitrefill didn’t reveal how much money was drained in the March 1 incident but said it will absorb the losses using its operational capital. Crypto e-commerce store Bitrefill has revealed it was the victim of a cybersecurity attack on March 1, with the methods used closely resembling those of Lazarus Group, North Korea’s notorious hacking...
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The interpretative notice included information on token taxonomy and what digital assets the regulator would consider a security under federal law. In one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets”...
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A Bitcoin price rally to $80,000 would bring the bulk of spot BTC ETF holders to breakeven on their positions and possibly signal the resumption of the crypto bull market. Bitcoin (BTC) is closing in on its average entry price for US spot BTC exchange-traded fund (ETF) investors at $79,900. The narrowing gap between Bitcoin’s...
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